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Dec 27, 2012
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a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where they are accelerating the rate of growth. i think we'll see urban outfitters continue their turnaround, perhaps in an accelerated pace in 2013, and i think you're going to continue to see, particularly in the first half of the year, the demand for products from michael kors do well. second half of the year is a different story and perhaps the turnaround of tiffany's to be the name for the second half. >> meantime, r.j., i think you would agree retail remembers scrambling right now because consumer confidence is plunging. three reports in a row that have been pretty dismal. >> yeah, i would agree. i think we're looking for a bit of a pullback in 2013, not onl
a lot of things being thrown at the american consumer, the tragedy in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where they are accelerating the rate of growth. i think we'll...
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Dec 24, 2012
12/12
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>> i think this season is so different because of superstorm sandy. so what we saw right after thanks giving is a snap back. we have seen solid demand as we get closer to christmas and new year's. there's no doubt on the back side of the events in late october with super storm. it was a slow demand period for jetblue and for the industry in the northeast. >> it has been a difficult few weeks for jet travel because of the weather. are operations back it normal at this point? have you been able to make up the lost time o or no, not yet? >> absolutely. operations are back to normal. we are operating a record level of flight activity. right in the mid 85% load factors. we have seen a nice rebound on the back side of the storm. >> what are bookings looking like going forward? how are you expecting the first half it play out? >> visibility is a little bit after question mark as we move into the future. we are cautiously optimistic. let's face it, a lot has to do with what happens in washington. decisions. it really is. it is not like we didn't see this comi
>> i think this season is so different because of superstorm sandy. so what we saw right after thanks giving is a snap back. we have seen solid demand as we get closer to christmas and new year's. there's no doubt on the back side of the events in late october with super storm. it was a slow demand period for jetblue and for the industry in the northeast. >> it has been a difficult few weeks for jet travel because of the weather. are operations back it normal at this point? have you...
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Dec 27, 2012
12/12
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it's not all on sandy. >> depends how you read that metric. when the story is finally told, not .7%, somewhere higher than that. m moo. >> maybe it will. it's not all sandy, people cutting back already, whether military families cutting back dramatically because of sequestration or people who work at defense contractors out of jobs. there's a lot of bad heading our way. to josh's point, people will still send their kids to school and still go shopping but everybody is going to cut back how they shop. they will be trading down, judge, i think. and these idiots from harry reid to the president on top and john boehner included, i'm equal opportunity, it's horrible. >> we heard the same thing at the end of 2011 europe would spill to theist and the u.s. consumer was changing their habits. i'd like to point out the discretionary consumer is the second best in the market this year, 21%. any whoever made a bet against the u.s. consumer -- >> what kind of pullback are we talking about? if you guys like the market through the early part of 2013 -- >> i
it's not all on sandy. >> depends how you read that metric. when the story is finally told, not .7%, somewhere higher than that. m moo. >> maybe it will. it's not all sandy, people cutting back already, whether military families cutting back dramatically because of sequestration or people who work at defense contractors out of jobs. there's a lot of bad heading our way. to josh's point, people will still send their kids to school and still go shopping but everybody is going to cut...
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Dec 29, 2012
12/12
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sandy road ashore devastating several areas and the senate rejected a republican amendment to cut the immediate cost to just 23 million clearing the way for final action on the $60 billion bill. the bill now goes to the house where its passage is uncertain because of the non-sandy-related spending items that are in the bill. typical sausage making for washington. >>> let's get to our panel. here now is blake zeff, former obama campaign aide and washington editor. robert, have you heard anything in the last couple of hours that suggests to you that somehow by monday mitch mcconnell and harry reid will sing kumbaya, pass something in the senate that also passes the house? >> i'm not so sure they'll be sing kumbaya, but the real story today is that there's movement on capitol hill. reid and mcconnell come out of that white house meeting and they're ready to haggle over some differences. what i expect to come to the floor is what president obama's talking about a 250 threshold for rates, maybe an amt attached to it and maybe have unemployment attached to it, but that's it. that's what the
sandy road ashore devastating several areas and the senate rejected a republican amendment to cut the immediate cost to just 23 million clearing the way for final action on the $60 billion bill. the bill now goes to the house where its passage is uncertain because of the non-sandy-related spending items that are in the bill. typical sausage making for washington. >>> let's get to our panel. here now is blake zeff, former obama campaign aide and washington editor. robert, have you heard...
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Dec 27, 2012
12/12
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you have sandy. the weather hasn't been cooperating. so, there's some real consumer downturn as well. >> and what are you able to tell us about the decisions that your clients are making with you? you are trading leases all the time, presumably, all the big, high-street names. is there optimism? what are the leases you are signing at the moment, higher than lower than perhaps we had six months or a year ago? >> the national retailers continue to be very optimistic about the next couple of years. we are in a recovery, not with sa standing that the fiscal cliff. i think most of the national retailers continue to be optimistic about where they are going the next couple of years. lots of leases are being signed. store counts are being expanded. the retailers, in general, have stronger balance sheets and they are ready to grow again. hopefully, this will be just a temporary pause in terms of the fiscal situation. >> hey, david, i'm curious you when we are sitting here and just after the christmas holiday, what data point do you look to give
you have sandy. the weather hasn't been cooperating. so, there's some real consumer downturn as well. >> and what are you able to tell us about the decisions that your clients are making with you? you are trading leases all the time, presumably, all the big, high-street names. is there optimism? what are the leases you are signing at the moment, higher than lower than perhaps we had six months or a year ago? >> the national retailers continue to be very optimistic about the next...
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Dec 24, 2012
12/12
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sandy certainly had an impact. we're talking about 5 to $10 million. in the case of priceline, we're looking for 25% to 30% growth. very strong. we're seeing issues more on the hotel side of the coverage, say marriott or starwood. we're seeing relatively cautious tone in terms of corporate travel demand. >> how does -- let's say the likes of a marriott or starwood, let's say they discount their rooms. how does that impact the margins over a priceline or expedia? do they impact them at all so only the hotel stocks feel that? >> it does impact them. they take the rate and get paid a percentage off the top. expedia, priceline, isn't setting the rate. ultimately it would be a good thing if you have demand stepping up because you see discounting in the channel. oftentimes the leader traveler is going to benefit if there's weak corporate demand because the big chains will discount to fill in the rooms with the leisure traveler. >> jay, we talk about the fiscal cliff impact and nobody knows how that story's going to turn out. if taxes do elevate in the new ye
sandy certainly had an impact. we're talking about 5 to $10 million. in the case of priceline, we're looking for 25% to 30% growth. very strong. we're seeing issues more on the hotel side of the coverage, say marriott or starwood. we're seeing relatively cautious tone in terms of corporate travel demand. >> how does -- let's say the likes of a marriott or starwood, let's say they discount their rooms. how does that impact the margins over a priceline or expedia? do they impact them at all...
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Dec 27, 2012
12/12
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there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin, that called for this legislation. the speaker was going to bring it up to kill it, but he couldn't kill it and then we moved to plan "b," the debacle of all debacles. it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd, he meaning the speaker, so it's very clear now, mr. president, that the speakers's number one goal is to get elected speaker on january 3rd. the house is not even here. he's told me it will give him two days to get back here, not two days, 48 hours. they don't even have enough of the leadership here to meet to talk about it. they have done it with conference calls. people are spread all over the country because the speaker is basically waiting for january aboutrd. now, the president campaigned on raising taxes on people making more than $250,000 a year. the bush era tax cuts will expire at the end of this year. obama was elected with a surplus of about 3 million v
there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin, that called for this legislation. the speaker was going to bring it up to kill it, but he couldn't kill it and then we moved to plan "b," the debacle of all debacles. it's the mother of all debacles. that was brought up in an effort to send us something. he couldn't even pass it among the republicans it was so absurd, he meaning the speaker, so it's very clear now, mr....
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Dec 27, 2012
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new sales. 400,000 cars that were damaged over a period of time in the storms. 250,000 superstorm sandy here. 40,000 pounds of copper go into a car. housing has turned up a little bit. you have 400 pounds of copper in every new home at least, not even the commercial buildings. >> george -- >> that could being. >> -- would you say that gold is no longer a good safe haven? to me it's been acting like a risk asset and not a safe haven anymore. >> people don't understand what is meant by safe haven for gold. the gold prices is an economic and political barometer not of just the economy but political well-being of the world. there's another saber-rattling. korea firing rockets. you have problems in the middle east. you have major problems that we haven't seen lately because of fiscal cliff and the headlines from italy and spain and of course portugal and greece is not finished yet. >> right. >> so there's plenty of problems. we're going to return back to basics after the fiscal cliff. people will say, you know what, i do need some place to put my money. >> probably not in the backyard or und
new sales. 400,000 cars that were damaged over a period of time in the storms. 250,000 superstorm sandy here. 40,000 pounds of copper go into a car. housing has turned up a little bit. you have 400 pounds of copper in every new home at least, not even the commercial buildings. >> george -- >> that could being. >> -- would you say that gold is no longer a good safe haven? to me it's been acting like a risk asset and not a safe haven anymore. >> people don't understand...
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Dec 31, 2012
12/12
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november was particularly strong, coming off the real devastation of sandy in october. we were hoping obviously to maintain that momentum going into december. we've been able to do that. as you note, champagne has been particularly strong. we see strength across a broad spectrum, not just in the champagne category, but in the high end spirits, in moderately priced good bordeaux wine from '09. so it's not just been, obviously, we're going to sell a lot of champagne in the last week getting ready for the holid holidays, but it's not just champagne. in the spirits category, notably at the higher end, higher in spirits like johnny walker blue have done immensely well. it's given us reason, i think, to be cautiously optimistic, still, going into the new year given that november and december have trended so strong for us. >>el with, chris, you know, it's interesting, maybe people, the money they once spent at the shopping mall now taking it to your stores and buying champagne and wine. i wonder when we talk about demand who your customer base is. are we talking about wall str
november was particularly strong, coming off the real devastation of sandy in october. we were hoping obviously to maintain that momentum going into december. we've been able to do that. as you note, champagne has been particularly strong. we see strength across a broad spectrum, not just in the champagne category, but in the high end spirits, in moderately priced good bordeaux wine from '09. so it's not just been, obviously, we're going to sell a lot of champagne in the last week getting ready...
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Dec 24, 2012
12/12
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you think you had the long calendar, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >> losers? >> i think you had a tough time at jcpenney. i think the traffic was tough there all the time. i think kohl's had to be extra promotional in order to be able to drive the sales. and the whole children's sector was very promotional. from gymboree to children's place. >> so, dana, jason trennert from strat eegous. how are you doing? >> good, how are you, jason? >> good. normally retail stocks outperform in january, because i think that phenomenon that andrew was talking about is that there's a general sense that christmas gifts canceled at a certain point and then it comes back at the end and then you wind u
you think you had the long calendar, the hurricane sandy, the track dpi in connecticut, people had a lot on their minds this season. this weekend was a key weekend. i think it helped. i didn't see promotions being extra promotional. but it's a push till the end. >> okay, so winners and losers? >> i think some of the winners, i think you're going to see companies like tjx, macy's. i think american eagle outfitters, even gap had a very good season, along with michael kors. >>...
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Dec 26, 2012
12/12
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among the reasons cited for the weaker numbers, superstorm sandy and consumer nervousness about tax hikes due to the fiscal cliff. we've had lots of conversation about whether not fiscal cliff would impact consumer sentiment. and apparently now it's actually hitting people in the wallet. let's talk about what's on the economic agenda today. one very important report to watch, standard and poor's releasing the case schiller index on october home sales at 9:00 eastern. it's a busy week for housing data. tomorrow we're going to be getting the commerce department which releases new home sales for november. then on friday, the national association of realtors, not realtors -- >> yeah. >> releases its spending. its pending home sales index for november. >> in other housing news, the obama administration is considering expanding its mortgage refinancing program to include borrowers whose mortgages are not backed by the government and who owe more than their homes are worth. "the journal" reports one proposal being considered would also transfer potentially riskier loans that are held by private
among the reasons cited for the weaker numbers, superstorm sandy and consumer nervousness about tax hikes due to the fiscal cliff. we've had lots of conversation about whether not fiscal cliff would impact consumer sentiment. and apparently now it's actually hitting people in the wallet. let's talk about what's on the economic agenda today. one very important report to watch, standard and poor's releasing the case schiller index on october home sales at 9:00 eastern. it's a busy week for...
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Dec 27, 2012
12/12
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all of a sudden then, we had the impacts of sandy, a tragedy up in newtown, connecticut, and just a lot of other factors that just put a damper on the season. >> so, it is fair to say that it started better than it ended now. >> it started better than it ended. there was a lot of excitement around black friday. i mean it was almost like the super bowl. they have all this advertising, drag people out, it's the biggest event of the year come shopping, and then week after that we had the pro bowl. there was no excitement. there was no reason to come out shopping. so big bang, but it kind of waned as we went into the season. >> how much of the season is in the books now? i mean, what's still left to happen? >> there's a couple of big days still coming. i think this weekend is a big weekend as people redeem gift cards, go into the stores, exchange items for what they're looking for. hopefully get that add-on sale and people start to take advantage of the clearance sale, i would say, though, 95% of it is in the books. we've probably got some strong days ahead of us, though, that could move it
all of a sudden then, we had the impacts of sandy, a tragedy up in newtown, connecticut, and just a lot of other factors that just put a damper on the season. >> so, it is fair to say that it started better than it ended now. >> it started better than it ended. there was a lot of excitement around black friday. i mean it was almost like the super bowl. they have all this advertising, drag people out, it's the biggest event of the year come shopping, and then week after that we had...
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Dec 28, 2012
12/12
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we've got a bump from sandy. so if we could just fix that up, i think we'll be okay. >> what do you think is the market reaction if we come, you know, in on monday, and there's some sort of a mini deal? what does that do to us? >> listen, i think we'll be okay here. the first and second quarter of next year are going to be okay, cliff or not. they're going to get something together. it may be sort of a sloppy deal, just, you know, a small deal, that lead us into more negotiations -- >> but is the event a mini deal or is the mini deal a grand bargain? >> they'll come up with a mini deal. it's taken them this long to get here. how can we anticipate they'll get significant done. they'll get some sort of stopgap measure done and we'll see a little bit of stability. stop seeing all the negativity that's surrounding us. we're dead red here. >> gordon, if you recall that 2008 period, the market was going 400, 500, 600, a 60-point drop in the heat of the crisis. why is the equity market being relatively stable to that co
we've got a bump from sandy. so if we could just fix that up, i think we'll be okay. >> what do you think is the market reaction if we come, you know, in on monday, and there's some sort of a mini deal? what does that do to us? >> listen, i think we'll be okay here. the first and second quarter of next year are going to be okay, cliff or not. they're going to get something together. it may be sort of a sloppy deal, just, you know, a small deal, that lead us into more negotiations --...
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Dec 29, 2012
12/12
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at least 113 people were killed when superstorm sandy hit in late october. the governors of new york and new jersey, the hardest hit states have estimated damages at more than $78 billion with a "b,". >>> the senate has approved a bill extending secret eavesdropping overseas. the measure's headed to president obama. he's expected to sign it. cnn's brian todd takes a closer look at this controversial foreign intelligence surveillance act. >> reporter: he ordered it just after 9/11, and it became one of the most controversial tactics used by former president george w. bush and his security team to fight the war on terror. the secret wiretapping without warrants of communications between u.s. residents and people overseas suspected of being terrorists. it drew fire because sometimes the communications of innocent americans got caught up. in 2008, the practice was authorized by congress but with limitations. a warrant is now required to target an american, including americans who are abroad. but it's still a hugely controversial program, and the senate's just ap
at least 113 people were killed when superstorm sandy hit in late october. the governors of new york and new jersey, the hardest hit states have estimated damages at more than $78 billion with a "b,". >>> the senate has approved a bill extending secret eavesdropping overseas. the measure's headed to president obama. he's expected to sign it. cnn's brian todd takes a closer look at this controversial foreign intelligence surveillance act. >> reporter: he ordered it just...
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Dec 24, 2012
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. >>> he considers it a call of duty after the deadly shooting at sandy hook elementary school. a father and former marine decided to do what he could to keep his kids' school safe. he now spends his days standing guard outside the entrance. >> i'm doing this because we need hope, man. if you're able and capable of doing something, you have the responsibility to act. >> he made me feel good just to know that he stood up and did something to make us all feel better today. >> former marine, a dad, doing what's right, doing his duty. >>> hello, everyone. don lemon here, top of the hour. you're in the cnn "newsroom." >>> a senior navy s.e.a.l. officer dead in afghanistan. commander job w. price, leader of s.e.a.l. team 4 was found dead yesterday by members of his unit. the initial conclusion is that price committed suicide. the navy's investigating. stay with cnn for more details from our pentagon correspondent in just a minute. >>> more than 100 people were killed in syria today. civilians doing nothing more than waiting in line for bread. witnesses say a syrian military aircraft d
. >>> he considers it a call of duty after the deadly shooting at sandy hook elementary school. a father and former marine decided to do what he could to keep his kids' school safe. he now spends his days standing guard outside the entrance. >> i'm doing this because we need hope, man. if you're able and capable of doing something, you have the responsibility to act. >> he made me feel good just to know that he stood up and did something to make us all feel better today....
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Dec 29, 2012
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the senate late tonight approving a $60.4 billion bill to rebuild after superstorm sandy. now, it goes to the house, but if both chambers fail to agree on a package before the current congressional term expires, then everyone will have to start again from scratch. >>> keeping them honest, this has been the least productive congress in modern history. at last count, a little more than 200 bills enacted. by comparison, the 80th congress, which then-president harry truman called the do-nothing congress, it managed to pass 906 bills into law. think about that as you watch the next report about one of the few things lawmakers seem to agree on, dismantling a little known office that's designed for one simple thing, keeping them honest. >> what is outrageous about it is you see members of congress on both sides saying they have zero tolerance for unethical conduct, but behind closed doors, they're quietly trying to kill the one body in congress that is trying to seriously go after unethical members. >> melanie sloan is director of c.r.e.w. or citizens for responsibility and ethic
the senate late tonight approving a $60.4 billion bill to rebuild after superstorm sandy. now, it goes to the house, but if both chambers fail to agree on a package before the current congressional term expires, then everyone will have to start again from scratch. >>> keeping them honest, this has been the least productive congress in modern history. at last count, a little more than 200 bills enacted. by comparison, the 80th congress, which then-president harry truman called the...
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Dec 31, 2012
12/12
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. >>> guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. we're live at the white house with the latest details. plus this. >> reporter: i'm alina cho in times square, where just hours from now new york will host what is arguably the biggest new year's eve party in the world. number one tip. if you plan to come to times square, dress warmly. it is frigidly cold. "cnn newsroom" starts right now. >>> good morning. i'm suzanne malveaux sitting in for carol costello. this morning the clock ticking louder. the nation inching closer to this fiscal cliff. we could be just hours away from seeing all of our paychecks shrink. we're following all the last minute drama to avoid that, of course. brianna keilar is covering this morning's urgent talks happening in washington. christine romans is here to talk about the impact first, and alison kosik with how investors are reacting this hour. >>> first, another story. the health condition of the nation's top diplomat. this morning secretary of state hillary clinton is waking up now in a new york ho
. >>> guns are flying off the shelves after fears of a ban on assault rifles following the sandy hook massacre. we're live at the white house with the latest details. plus this. >> reporter: i'm alina cho in times square, where just hours from now new york will host what is arguably the biggest new year's eve party in the world. number one tip. if you plan to come to times square, dress warmly. it is frigidly cold. "cnn newsroom" starts right now. >>> good...
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Dec 29, 2012
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if we don'ten respond after the sandy hook elementary school massacre, we really are complicit in the next massacre of innocent children and we've got to ask ourselves, is our political future really more important than the lives of these innocent children. >> congressman jim moran, thank you very much for coming in and speaking to us about the legislation today. thank you. >> you bet. >>> down to the wire. congressional leaders scrambling to reach a deal to avoid the fiscal cliff before tuesday's deadline. >>> milk, get this, milk $7 a gallon? it could happen if congress doesn't pass a new farm bill. >>> and then smartphone apps. we'll tell you the best buys of 2012. i know. i'm will, and this is the nokia lumia 920 from at&t. it's got live tiles so all my stuff's always right there in real-time. it's like the ultimate personal assistant. but i'm me, and me needs handlers. so i hired todd to handle it for me. todd, gimme that hollywood news! what's happening on twitter? you're trending! yes! you can't have a todd, but you can have your own personal assistant. i guess you could call i
if we don'ten respond after the sandy hook elementary school massacre, we really are complicit in the next massacre of innocent children and we've got to ask ourselves, is our political future really more important than the lives of these innocent children. >> congressman jim moran, thank you very much for coming in and speaking to us about the legislation today. thank you. >> you bet. >>> down to the wire. congressional leaders scrambling to reach a deal to avoid the...
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Dec 24, 2012
12/12
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you mentioned super storm sandy. you saw the community start to come together. and once people start realizing that basic preparedness, emergency preparedness starts at the local level and then moves its way up to the federal level, then it's a whole different game that's out there. people are less of a liability that way, because they do have some provisions. >> you don't call it a bunker, but if something were to happen, how long will these supplies last? >> depends on how many people are going to show up at our door. we have lots of friends that don't prepare. >> i know, i asked for your address, it's like the twilight zone, people with the bunker, let me in. >> we have very good friends and they're the same way, i'm coming to your house. okay, come to my house. the question is, will you be able to get to your house. >> if it's just your family, a longer period of time. >> we're ready for ten people for two years. >> it gives you piece of mind? >> absolutely. and i get asked the question, well, what are you fearing? i'm not fearing anything. that is what give
you mentioned super storm sandy. you saw the community start to come together. and once people start realizing that basic preparedness, emergency preparedness starts at the local level and then moves its way up to the federal level, then it's a whole different game that's out there. people are less of a liability that way, because they do have some provisions. >> you don't call it a bunker, but if something were to happen, how long will these supplies last? >> depends on how many...
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Dec 27, 2012
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this is a sharp turn around when superstorm sandy drug down the sales. these numbers give us good indications about how the overall economy is doing. new homes typically are more expensive than previously-owned ones since they are built from the ground up. that has a ripple effect. it helps add construction jobs and people need to fill and decorate those houses. and also we have seen the market for new homes steadily improving. sales are now up almost 15% over the year. and that's because of a variety of factors. one of them including those record-low mortgage rates. we don't just talk about the depressing stuff. we have good news in the housing market. >> thanks so much. this just in to cnn. a shakeup in president obama's cabinet. lisa jackson for the environmental protection agency will step down from her post after the president's state of the union speech. she began in 1987 as a scientist. >>> talk back question for you today. will america ever come together on guns? your responses, next. ♪ if loving you is wrong ♪ i don't wanna be right [ record
this is a sharp turn around when superstorm sandy drug down the sales. these numbers give us good indications about how the overall economy is doing. new homes typically are more expensive than previously-owned ones since they are built from the ground up. that has a ripple effect. it helps add construction jobs and people need to fill and decorate those houses. and also we have seen the market for new homes steadily improving. sales are now up almost 15% over the year. and that's because of a...
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Dec 28, 2012
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in the case of hurricane sandy, 1,000 websites were created within a week. so that gives you a sense of the scale of how these things can be. our concern is that the amount of oversight capacity of the government is quite limited and is shrinking while this kind of abuse seems to be steam rolling and there's more and more of it we see. especially this year when we had a number of tragedies. >> are authorities outnumbered or can they do something to stop this? >> they're definitely outnumbered. the ira and the state attorney generals offices have been long behind in keeping up with these things. now as government is shrinking, there's more of a problem. unfortunately, it requires the work of cnn and other reporters to bring to light, sometimes it's almost embarrassment that causes them to go forward. >> i'm sure you're concerned people at home are listening and saying maybe i shouldn't donate. maybe it makes them afraid to donate. what do you say to them? >> for every horrible story, there's a great story and fantastic charities. westchester, connecticut, is
in the case of hurricane sandy, 1,000 websites were created within a week. so that gives you a sense of the scale of how these things can be. our concern is that the amount of oversight capacity of the government is quite limited and is shrinking while this kind of abuse seems to be steam rolling and there's more and more of it we see. especially this year when we had a number of tragedies. >> are authorities outnumbered or can they do something to stop this? >> they're definitely...
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Jan 1, 2013
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did that make hurricane sandy bigger? probably. 10% bigger, whatever it might be. if you're breaking records every year in 2012, it will go down as the warmest year every for the u.s. then you know something is going on. and it is -- whether you believe it is man made or not and we do believe it is man made, partially, if every storm is 10% bigger than the last record storm, you're going to start to get people in danger, especially along the coastal communities. >> all right. we'll have to be mindful of that, protect ourselves. chad, thank you. good to see you. happy new year. >>> "cnn newsroom" continues now with deb feyerick. hey, deb. >>> hello, everyone. happy new year. i'm deborah feyerick. i want to welcome all our viewers from around the world. right now, all eyes on washington where american lawmakers are trying to complete a deal to avoid an economic meltdown. technically the nation went over the fiscal cliff when the new year began. but practically the senate pulled a parachute that should soften the fall. about 2:00 a.m. eastern, senators passed a round
did that make hurricane sandy bigger? probably. 10% bigger, whatever it might be. if you're breaking records every year in 2012, it will go down as the warmest year every for the u.s. then you know something is going on. and it is -- whether you believe it is man made or not and we do believe it is man made, partially, if every storm is 10% bigger than the last record storm, you're going to start to get people in danger, especially along the coastal communities. >> all right. we'll have...
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Dec 27, 2012
12/12
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senate. >>> it has been two months since hurricane sandy hit the northeast. but the relief bill is still stalled in the u.s. senate. that's called adding insult the injury. the superstorm damaged or destroyed 350,000 homes and knocked out power to 18 million people in 1 states and killed 132 merges. private citizens and businesses did that part to the tune of $300 million but that's not nearly enough. the governors of new york, new jersey and connecticut need nearly $80 billion in aid. that means the federal government. the president has called for a $60 billion recovery package and democrats have done just that but there is one problem, pork and a lot of it. is it larded up with a lot of non-sandy costs including $150 million for fisheries in alaska and $41 million for military bases including guantanamo bay and you can't get much further from the jersey shore. republicans refused the package and proposed a $24 billion alternative. it cuts $13 billion set aside to protect against future disasters. the solution should be simple, cut the pork and keep the reli
senate. >>> it has been two months since hurricane sandy hit the northeast. but the relief bill is still stalled in the u.s. senate. that's called adding insult the injury. the superstorm damaged or destroyed 350,000 homes and knocked out power to 18 million people in 1 states and killed 132 merges. private citizens and businesses did that part to the tune of $300 million but that's not nearly enough. the governors of new york, new jersey and connecticut need nearly $80 billion in aid....
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Dec 31, 2012
12/12
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. >> new jersey governor chris christ christie's full-on embrace of president obama for helping sandy-ravaged new jersey came days before the election and had no noticeable effect on the presidential race but some republicans think christie didn't have to be that -- >> if it's a legitimate rape, the female body has ways to shut that whole thing down. >> a combo team from the say what categories, richard murdouch of indiana and todd aiken. >> even when life begins in that horrible situation of rape, it is something that god swended to happen. >> dreams to take control of the senate in 2012 had dwindled throughout the year but aiken and murdoch pretty much shut that door in a couple of sentences. plan to prevent employers from hiring undocumented workers. >> people who have come here illegally won't be able to find work and over time those people would tend to leave the country or self deport. >> self deportation by undocumented workers was not by itself responsible for romney's dismal showing among hispanics, but certainly greased the skids. for which romney would have liked to have had aa mul
. >> new jersey governor chris christ christie's full-on embrace of president obama for helping sandy-ravaged new jersey came days before the election and had no noticeable effect on the presidential race but some republicans think christie didn't have to be that -- >> if it's a legitimate rape, the female body has ways to shut that whole thing down. >> a combo team from the say what categories, richard murdouch of indiana and todd aiken. >> even when life begins in that...
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Dec 28, 2012
12/12
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i have me on my fantasy team. >>> many musicians jumped in to offer help after super storm sandy hit the northeast. there was an epic concert at madison square garden. take a look. ♪ but there were also many smaller benefits across the country, including some put on by two bands from tampa, sticks of fire and circle of four made up of high schoolers. the teens raised nearly $6,000 for a relief fund and did so to help many of those people who were hurt so badly during the super sto sup superstorm sandy. nicholas mcdonald and george pennington, thank you for coming in to see us. you guys are members of two bands, but you go to the same high school, right? >> yes. >> you live in tampa, florida, more than 1,100 miles away from the destruction here. what is it about what you saw on television and those images that made you want to help? >> mainly it was being from florida, we know all the issues that could happen with hurricanes. after seeing people losing their homes, i know how they feel about having all that heavy rain, all the storms going on. it's scary stuff. we were always the on
i have me on my fantasy team. >>> many musicians jumped in to offer help after super storm sandy hit the northeast. there was an epic concert at madison square garden. take a look. ♪ but there were also many smaller benefits across the country, including some put on by two bands from tampa, sticks of fire and circle of four made up of high schoolers. the teens raised nearly $6,000 for a relief fund and did so to help many of those people who were hurt so badly during the super sto...
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Dec 31, 2012
12/12
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who can forget super storm sandy? neighborhoods along the northeast swept away, millions without power and damages as high as 50 billion dollars raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> china. is china slowing or leading the world. we know china will be the biggest economy in the world by 2020. for sure by 2030. >> china, china, china. >> china also getting more than a few mentions during the presidential campaign. it's pretty clear china is a competitor and a partner. >> number four, europe, the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally finally bottomed out, the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well healed investors began buying entire neighborhoods, but first time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty dow
who can forget super storm sandy? neighborhoods along the northeast swept away, millions without power and damages as high as 50 billion dollars raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> china. is china slowing or leading the world. we know china will be the biggest economy in the world by 2020. for sure by 2030. >> china, china, china. >> china also getting more than a few mentions during the presidential...
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Dec 29, 2012
12/12
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the senate has agreed to provide aid to victims of superstorm sandy. by a 61-33 vote, the chamber passed a measure overing over $60 billion in help. it how heads to the house which must approve the bill by thursday or the frosz consider the money -- process to consider the money must start all over again. at least 113 people were killed when superstorm sandy hit in late october. the governors of new york and new jersey have estimated damages at over $78 billion. >>> the east coast getting ready for some more snow. new york will get a couple inches today while parts of connecticut and eastern massachusetts, they could see more snow by tonight. our bonnie schneider is monitoring the weather for us today. bonnie, how much snow is coming to the northeast? >>> it's -- it varies depending where you are. i'll tell you, outside at this very moment, we have big, white, fluffy flakes hitting washington, d.c. let's take a look. we can take you to the white house. look at that. the snow is coming down. heavy and hard. they're working hard over there. let's take a
the senate has agreed to provide aid to victims of superstorm sandy. by a 61-33 vote, the chamber passed a measure overing over $60 billion in help. it how heads to the house which must approve the bill by thursday or the frosz consider the money -- process to consider the money must start all over again. at least 113 people were killed when superstorm sandy hit in late october. the governors of new york and new jersey have estimated damages at over $78 billion. >>> the east coast...
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Dec 25, 2012
12/12
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. >> all of the effects of hurricane sandy already. >> sandy's carved a path of destruction across all along the ooirn seaboard. we can't fully secure the crane until the wind dies down. >> oh, my god. is there another story on this? gangnam style. >> honey boo boo. >> the shutting rolling down the streets of l.a. >> 1kw4r50i6r7b david petr gene >> syria has gone on for 20 -- >> these redline warnings talk? >> cnn projects barack obama will be re-elected president of the united states. >> terror at an elementary school in connecticut. >> 20 children dead. six adults are also dead. >> so our hearts are broken today. for the parents and grandparents, sisters and brothers of these little children. may god bless the memory of the victims. and in the words of -- heal the broken-hearted and bind up their wounds. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-s
. >> all of the effects of hurricane sandy already. >> sandy's carved a path of destruction across all along the ooirn seaboard. we can't fully secure the crane until the wind dies down. >> oh, my god. is there another story on this? gangnam style. >> honey boo boo. >> the shutting rolling down the streets of l.a. >> 1kw4r50i6r7b david petr gene >> syria has gone on for 20 -- >> these redline warnings talk? >> cnn projects barack obama will...
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Dec 26, 2012
12/12
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good news for the jersey shore as they continue to recover from hurricane sandy. now, looking where we will see heavy snow. a big snowmaker for the northeast. much of new england will be impacted as well as the great lakes and the areas in purple, over a foot of snow. so really the last thing you want at such a busy holiday week with so many people traveling. a look at snowfall totals and warnings. memphis getting snow, heavy amounts of snow for the heartland, including paducah, kentucky, cape girardeau, missouri. up to a foot of snow in western pennsylvania, scranton hit hard and much of new hampshire, pretty much the whole state, vermont. boston a little bit, new york city a little bit. not too bad. you will manage. jersey shore and further off to the atlantic, spared from the storm. this is good news this will come in for many people traveling this week. bad timing as we look toward the holidays. so far, we have a foot of snow on the ground. i want to point out in arkansas, how unusual this is to have christmas day. yesterday falling. only happens once a decade
good news for the jersey shore as they continue to recover from hurricane sandy. now, looking where we will see heavy snow. a big snowmaker for the northeast. much of new england will be impacted as well as the great lakes and the areas in purple, over a foot of snow. so really the last thing you want at such a busy holiday week with so many people traveling. a look at snowfall totals and warnings. memphis getting snow, heavy amounts of snow for the heartland, including paducah, kentucky, cape...
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Dec 24, 2012
12/12
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the last victims of the sandy hook school shooting have been laid to rest. but a bit of goodness has shown up in the form of cards and packages. letters from children, from their parents, from all around the u.s., and, indeed, all around the world. here is cnn's lisa sylvester. >> a perfect b. >> reporter: 4-year-old keylynn takes her time, working to get each word right. >> start here. >> reporter: she's writing a letter. >> dear parents, i know that you are upset. >> reporter: a letter to the parents of the children killed in the newtown shooting. she and her mother live in bowie, maryland, have never been to newtown. never been to the state of connecticut. but they wanted to show the town that they care. >> we're writing letters just to let them know that, you know, our hearts are with them, they're in our prayers. >> because i want to make them cheer up. >> right away we started seeing mail volume come in, began with a few hundred, and now it is thousands per day we're receiving. >> want to start handing the packages -- >> reporter: in the middle of the
the last victims of the sandy hook school shooting have been laid to rest. but a bit of goodness has shown up in the form of cards and packages. letters from children, from their parents, from all around the u.s., and, indeed, all around the world. here is cnn's lisa sylvester. >> a perfect b. >> reporter: 4-year-old keylynn takes her time, working to get each word right. >> start here. >> reporter: she's writing a letter. >> dear parents, i know that you are...
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Dec 26, 2012
12/12
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he found himself in a bit of hot water for making nice with president obama in the wake of hurricane sandy. >> 2.8 million people without power. i've watched these extraordinary scenes over new jersey today, really quite unprecedented. i've never seen anything quite like it. have you ever seen anything like this in your lifetime? >> no, i haven't. you know, you see sights like the seaside heights board walk where the program "the jersey shore" is filmed, the board walk is gone. it is gone. music rides, roller coaster ride, in the ocean. it's incredible. homes destroyed. it's an awful thing. >> you've taken charge, as you've always done in these situations, in a very impressive way. people have been surprised you've been so outspokenly supportive and praiseworthy to the president. i'm not surprised knowing you but explain to me why you were happy to do that so close to an election when some might say politically that wasn't the best thing to do. >> this is much more important than any election, piers. this is the livelihood of the people in my state. when the president does this evenings th
he found himself in a bit of hot water for making nice with president obama in the wake of hurricane sandy. >> 2.8 million people without power. i've watched these extraordinary scenes over new jersey today, really quite unprecedented. i've never seen anything quite like it. have you ever seen anything like this in your lifetime? >> no, i haven't. you know, you see sights like the seaside heights board walk where the program "the jersey shore" is filmed, the board walk is...
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Dec 27, 2012
12/12
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the postal service could go bankrupt and hurricane sandy relief could be stahled. so what needs to happen for congress to wake up? "outfront" tonight -- welcome. >> first for you, the fiscal cli cliff, the world's most predictable political problem. this is the cover of "the washington post" the day after the election saying time to deal with the debt. everybody knows it. that was the whole idea, right? this was the big plan. election year is too devicive to get anything done. just kick the lame duck. so what happened? why can't congress find a way to work together? >> because they don't get along. i think it may have been naive to think that the election was going to be the magic formula. what's it going to take? i think it's going to take for us to go off the cliff and the american public demanding action. i think we're going to see that over and over again. it's going to be the american public demanding action on xwgu control. it's going to be the american public because we have to force them to act. >> but american public also has to stop acting as if they play
the postal service could go bankrupt and hurricane sandy relief could be stahled. so what needs to happen for congress to wake up? "outfront" tonight -- welcome. >> first for you, the fiscal cli cliff, the world's most predictable political problem. this is the cover of "the washington post" the day after the election saying time to deal with the debt. everybody knows it. that was the whole idea, right? this was the big plan. election year is too devicive to get...
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Dec 27, 2012
12/12
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who can forget superstorm sandy. damages as high as $50 billion raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number 5, china. is china slowing or leading the world? we do know choina will be the biggest economy in the world by 2020, for sure by 203. china getting more than a few mentions during the presidential campaign, probably because it's pretty clear china is both a competitor and a partner. >> number 4, europe. the european union was fractured by too much debt and the us a trty plans to fix it. that saga is far from over. >> number 3, the housing market finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. investors began buying entire neighborhoods but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number 2. >> cnn projects that barack obama will be reelected president of the united sta
who can forget superstorm sandy. damages as high as $50 billion raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number 5, china. is china slowing or leading the world? we do know choina will be the biggest economy in the world by 2020, for sure by 203. china getting more than a few mentions during the presidential campaign, probably because it's pretty clear china is both a competitor and a partner. >> number 4, europe. the...
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Dec 27, 2012
12/12
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she leaves behind her parents and brother isaiah, also a student at sandy hook elementary. he was unharmed. on a facebook page set up by her family her mother write's i know this is your best christmas yet at home with your lord and savior. as your mom i just wish we could have had a few more to celebrate here on earth. ♪ amen >> josephine grace gay turned 7 before her life was cut short. known to her family as joey she was to have a birthday party the day after the shooting with many of her sandy hook classmates. mourners at her funeral were encouraged to wear purple in her honor. her parents say joey rarely left the house without wearing something purple. she loved to play with her barbie doll, ipad, swim, swing and be anywhere with her sisters. josephine's parents said she was autistic and could not speak but she touched the lives of so many around her. teachers, therapists, friends, neighbors, all loved and cherished her. they called her spirit indomitable. emilie parker, at just 6 years old, she was also a teacher. >> she was a mentor to her two little sisters, in te
she leaves behind her parents and brother isaiah, also a student at sandy hook elementary. he was unharmed. on a facebook page set up by her family her mother write's i know this is your best christmas yet at home with your lord and savior. as your mom i just wish we could have had a few more to celebrate here on earth. ♪ amen >> josephine grace gay turned 7 before her life was cut short. known to her family as joey she was to have a birthday party the day after the shooting with many...
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Dec 27, 2012
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she leaves behind her parents and brother sigh ie say also a student at sandy hook elementary. he was unharmed. i know this is your best christmas yet at home with your lord and savior. as your mom i wish we could have had a few more to celebrate here on earth. ♪ amen >> josephine grace turned seven three days before her life was tragically cut short. known to her family as joey. she was to have a birthday party the day after the shooting with many of her sandy hook classmates. mourners at her funeral were encouraged to wear purple in her honor, her favorite color. her parents say she rarely left the house without wearing something purple. she loved to play with her barbie dolphs, ipad, swim, swing and be where her sisters were. her parents said she was autistic and could not speak but touched the lives of so many around her. teachers, therapists, friends and neighbors all loved and cherished her. they called her spirit incomable. emily parker was a prolific exceptional artist says her father. when she saw someone was sad she would draw them a picture to brighten their day. a
she leaves behind her parents and brother sigh ie say also a student at sandy hook elementary. he was unharmed. i know this is your best christmas yet at home with your lord and savior. as your mom i wish we could have had a few more to celebrate here on earth. ♪ amen >> josephine grace turned seven three days before her life was tragically cut short. known to her family as joey. she was to have a birthday party the day after the shooting with many of her sandy hook classmates. mourners...
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Dec 28, 2012
12/12
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we make the sandy hook, which was a tragedy, a big deal. why don't the politicians come to the funerals of the dead african-american and latino kids who get killed by the hundreds and hundreds and hundreds. they're pushed to the side. i'm not diminishing the others, i'm just saying president obama, show up at a funeral here in chicago once and a while too. >> john kass, everyone. >>> 2,000 guns are off streets of los angeles, a record-breaking number for the city's gun buyback event. with the guns that were exchanged for grocery gift cards, two rocket launchers. >>> no word on whether the launchers were the real deal. the l.a. police chief told the times that the weapons would not be checked for connections to crimes in fear of deterring people from turning them in. >>> in utah, about 200 teachers are learning how to use a gun. they attended a free gun training class geared towards helping them fight back if needed. fighting back is something educators are thinking about since the tragedy at sandy hook elementary school in newtown, connecti
we make the sandy hook, which was a tragedy, a big deal. why don't the politicians come to the funerals of the dead african-american and latino kids who get killed by the hundreds and hundreds and hundreds. they're pushed to the side. i'm not diminishing the others, i'm just saying president obama, show up at a funeral here in chicago once and a while too. >> john kass, everyone. >>> 2,000 guns are off streets of los angeles, a record-breaking number for the city's gun buyback...
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Dec 24, 2012
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. >>> a memorial for sandy hook victims and a show of support for tighter gun laws in new york. hundreds of demonstrators marched over new york city's brooklyn bridge and stopped in the middle of the bridge to read the names of the children and adults killed at sandy hook elementary. >>> it is christmas eve. around the world, key events are already under way. thousands are celebrating in bethlehem, the birthplace of jesus christ. at the vatican, both benedict will celebrate with a christmas eve mass at 4:00 p.m. eastern time. >> incredible live pictures. >>> a cyber war with santa right in the middle. if you and your little ones want to keep tabs on santa this holiday season, have you options. not one, but two santa trackers. that's right the ever reliable stand by at noradsanta.org, currently over russia, and google's new version, which includes games and activities, find that at google.com/santatracker. >>> dana. >> i think we could keep it old school with norad. we can try both. ahead on "starting point," the nra doubles down on calls forearmed police officers at all schools.
. >>> a memorial for sandy hook victims and a show of support for tighter gun laws in new york. hundreds of demonstrators marched over new york city's brooklyn bridge and stopped in the middle of the bridge to read the names of the children and adults killed at sandy hook elementary. >>> it is christmas eve. around the world, key events are already under way. thousands are celebrating in bethlehem, the birthplace of jesus christ. at the vatican, both benedict will celebrate...
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Dec 30, 2012
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. >> we've seen an outpouring from the community since sandy hook in all manners from, you know, teddy bears to cash. i think this is part of it. i think people want to feel safe. >> for porter, a gun locked safely in his home ended up in the hands of his foster child, who he says then handed it over to a gang member. >> if that person would have done something to somebody else with that gun, it would have fallen back on me. i'm 52 years old. i haven't had a criminal record all my life. >> police say that's how even legal guns can pose a danger. >> i don't know that we're ever going to be able to disarm every bad guy here. what we're doing is taking away the possibility. we're taking away the chance for a bad guy to get another gun. >> porter says he got lucky. >> it did go into the wrong hands, but i got it back. it's getting destroyed now. >> reporter: now he has a little more cash in his possibility. >> thank you. >> that was david ariosa with that report irnlgts the terrifying moment of impact caught on tape. a passenger airline hurdles to the ground in russia and sends debris onto
. >> we've seen an outpouring from the community since sandy hook in all manners from, you know, teddy bears to cash. i think this is part of it. i think people want to feel safe. >> for porter, a gun locked safely in his home ended up in the hands of his foster child, who he says then handed it over to a gang member. >> if that person would have done something to somebody else with that gun, it would have fallen back on me. i'm 52 years old. i haven't had a criminal record...
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Dec 26, 2012
12/12
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who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than femeio ith pannud co-l pirti byewee o le3% to a f owfo t utestates. >> number eight, facebook's ipo, hundreds of millions of people like facebook, but investors did not in its first day as a trading company. questions about nasdaq and the company's ability to make money on mobile users pummeled the stock which has yet to climb back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo, who announced she was just going to take a two-week maternity leave as she tried to turn the company around. looks like a mother's touch is just what yahoo needed. >> number six, mother nature. a drought in the midwest th
who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than femeio ith pannud co-l...